412 W 32 ST TX
| Owner | HATFIELD THOMAS M |
|---|---|
| Parcel ID | 0218031904 |
| Short ID | 212761 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 3,746 SF |
| Land SF | 9,980 SF |
| Acres | 0.229 |
| Year Built | 1923 |
| Legal | LOT 49 * & W5FT OF LOT 51 BLK 5 OLT 74 DIV D ALDRIDGE PLACE |
| Neighborhood | Z50005 |
| Land | $681,476 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $681,476 |
| Improvement | $593,524 |
|---|---|
| Total Improvement | $593,524 |
| Market | $1,275,000 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,275,000 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,275,000 |
| Taxable Value | $1,275,000 |
|---|
Appreciation: Market value has risen +56.0% from $817,162 (2021) to $1,275,000 (2025), a CAGR of 11.8% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2022→2023), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend. Over the same span, the median Multi-Family parcel countywide rose +37.9%, so this parcel has outpaced the broader multi-family market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $26,093. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Asset Class: Multi-family residential. This is valued using the cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 53% of market value ($681,476 land vs $593,524 improvements), about $68/SF of land. Land and improvements both carry meaningful weight; value is balanced between the structure and its site.
Submarket Position: At $1,275,000, this parcel sits in the top quartile (≥75th percentile) of Multi-Family property in Travis County — county median $519,778 (P25 $438,669 / P75 $749,859, n=12,584). Multi-Family here is the broad TCAD category — every multi-family property countywide, any size or use — not a use-code-specific peer group. See the Peer Set and the Where This Property Stands benchmark below, which narrows to this property's actual use code, for parcel-level comparables.
Forward Outlook: Holding the +11.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $2,223,375 by 2030, with an estimated annual tax burden around $38,681. Estimated Forward figures are model projections, not certified — see the 6-Year Projection section for the low/base/high bands.
No delinquent taxes on record.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 095 | HVAC RESIDENTIAL | 3,746 SF | ✗ |
| 1ST | 1st Floor | 1,873 SF | ✓ |
| 2ND | 2nd Floor | 1,873 SF | ✓ |
| 031 | GARAGE DET 1ST F | 432 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 319 SF | ✗ |
| 612 | TERRACE UNCOVERD | 190 SF | ✗ |
| 012 | PORCH OPEN 2ND F | 117 SF | ✗ |
| 251 | BATHROOM | 2 SF | ✓ |
| 522 | FIREPLACE | 2 SF | ✓ |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Entity | 2021 Rate | 2022 Rate | 2023 Rate | 2024 Rate | 2025 Rate | YoY (2024→25) | Amt Due | Amt Paid | Balance |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $11,796.30 | $11,796.30 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $6,681.22 | $6,681.22 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $4,792.02 | $4,792.02 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $1,504.79 | $1,504.79 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $1,318.35 | $1,318.35 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $26,092.68 | $26,092.68 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,254,277 | $1,275,000 | -1.6% |
| Assessed Value | $1,254,277 | $1,275,000 | -1.6% |
| Land Value | $681,476 | $681,476 | +0.0% |
| Improvement Value | $572,801 | $593,524 | -3.5% |
| Taxable Value | $1,254,277 | $1,275,000 | -1.6% |
| Total Tax 2026 = estimate |
~$25,669
Estimated
|
~$26,093
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,489,463 | $1,254,277 | -235,186 (-15.8%) |
| Taxable Value | $1,489,463 | $1,254,277 | -235,186 (-15.8%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,254,277 | $681,476 | $572,801 | — | $1,254,277 | $1,254,277 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,275,000 | $681,476 | $593,524 | — | $1,275,000 | $1,275,000 | ~$26,093 | Partial |
| 2024 | $1,316,830 | — | — | −$596,830 | $720,000 | $— | $27,939 | Verified |
| 2023 | $1,463,124 | — | — | −$995,624 | $467,500 | $— | $23,825 | Verified |
| 2022 | $1,092,300 | — | — | −$624,800 | $467,500 | $— | $28,896 | Verified |
| 2021 | $817,162 | — | — | −$349,662 | $467,500 | $— | $23,776 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +16.8% | +16.8% | ~100% | Not available | Partial |
| 2025 | -9.6% | -9.6% | ~100% | Not available | Partial |
| 2024 | +7.1% | +7.1% | ~100% | 1.9800% | Verified |
| 2023 | -10.0% | -10.0% | ~100% | 1.8100% | Verified |
| 2022 | +33.9% | +33.9% | ~100% | 1.9700% | Verified |
| 2021 | base year | — | ~100% | 2.9100% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +16.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -1.6% | +10.6% | +12.1% | +33.9% | 2023 | -10.0% | 2024 |
| Assessment Ratio | 100.0% | 64.5% | — | 100.0% | 2025 | 32.0% | 2023 |
| Effective Tax Rate (2025) | 2.0500% | 2.0500% | — | 2.0500% | 2025 | 2.0500% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$26,093 | $26,106 | ~$33,268 | $28,896 | 2022 | $23,776 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,424,986 | ~$1,402,500 | ~2.0139% | ~$28,245 | +11.8% |
| 2027 | ~$1,592,616 | ~$1,542,750 | ~1.9814% | ~$30,568 | +24.9% |
| 2028 | ~$1,779,966 | ~$1,697,025 | ~1.9488% | ~$33,072 | +39.6% |
| 2029 | ~$1,989,355 | ~$1,866,728 | ~1.9163% | ~$35,772 | +56.0% |
| 2030 | ~$2,223,375 | ~$2,053,400 | ~1.8837% | ~$38,681 | +74.4% |
| 2026 | ~$1,399,486 | ~$1,399,486 | ~2.0465% | ~$28,640 | +9.8% |
| 2027 | ~$1,536,127 | ~$1,536,127 | ~2.0465% | ~$31,437 | +20.5% |
| 2028 | ~$1,686,109 | ~$1,686,109 | ~2.0465% | ~$34,506 | +32.2% |
| 2029 | ~$1,850,734 | ~$1,850,734 | ~2.0465% | ~$37,875 | +45.2% |
| 2030 | ~$2,031,433 | ~$2,031,433 | ~2.0465% | ~$41,573 | +59.3% |
| 2026 | ~$1,450,486 | ~$1,402,500 | ~1.9977% | ~$28,017 | +13.8% |
| 2027 | ~$1,650,126 | ~$1,542,750 | ~1.9488% | ~$30,066 | +29.4% |
| 2028 | ~$1,877,243 | ~$1,697,025 | ~1.9000% | ~$32,244 | +47.2% |
| 2029 | ~$2,135,620 | ~$1,866,728 | ~1.8512% | ~$34,557 | +67.5% |
| 2030 | ~$2,429,559 | ~$2,053,400 | ~1.8024% | ~$37,010 | +90.6% |
In 2025, this property's market value of $1,275,000 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +145% above the county median of $519,778. Multi-Family here is the broad TCAD category — every multi-family property countywide, any size or use — not a use-code-specific peer group. Use the Use Code filter above to narrow to this property's actual type.
| Year | This Property | Bottom 25% | Median | Top 25% | Position | Group YoY |
|---|---|---|---|---|---|---|
| 2025 | $1,275,000 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,316,830 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,463,124 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $1,092,300 | $506,618 | $615,058 | $906,429 | ↑ Top 25% | +39.1% |
| 2021 | $817,162 | $300,453 | $376,850 | $539,896 | ↑ Top 25% | base yr |
Estimate only. The appraisal district sets value as of Jan 1 (not at sale price). A sale is strong evidence of market value and is typically reflected in the next Jan 1 valuation. Taxing units set rates annually. Modeled from government data — not a legal or tax opinion.